Birchbrae Drive, Kirkhill, Inverness, IV5

Street Guide For Birchbrae Drive, Kirkhill, Inverness, IV5

 

Birchbrae Drive, Kirkhill, Inverness, IV5 Map

Estimated Price: £155,490
Average Asking Price: £306,389
Price change in last one year: £931
Average Price Paid: £131,250
Average Rent Rates: £763

 

Property Prices Breakdown in Birchbrae Drive, Kirkhill, Inverness, IV5

Average Price for property in Birchbrae Drive, Kirkhill, Inverness, IV5 is around £155,490 which varies based on type of property you are interested in and ranges from £193,301 for detached house to around £130,780 for a flat. Values have been changing and have risen £1,354 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,510 in last 6 months, £931 in last 1 year, £10,513 in last 2 years, £7,155 in last 3 years, £10,195 in last 4 years and £9,225 in last 5 years.

Currently average asking price of a property in Birchbrae Drive, Kirkhill, Inverness, IV5 is around £306,389 based on approximately 1 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £763 per month.

Estimated property value in Birchbrae Drive, Kirkhill, Inverness, IV5 is £155,490. Average asking price is £306,389 while average price paid is £110,000 which is up by £931 and Avg. asking rent £763.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Birchbrae Drive, Kirkhill, Inverness, IV5 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 1 sales in Birchbrae Drive, Kirkhill, Inverness, IV5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £131,250. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £131,250 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £135,666 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £172,500, £235,000 for a 3 bedroom house, £268,549 for a 4 bedroom house and £390,000 for a 5 bedroom house. To sum up the asking prices for properties in Birchbrae Drive, Kirkhill, Inverness, IV5 it comes to around average £172,500 for 2 bedroom property, £235,000 for 3 bedroom, £268,549 for 4 bedroom and £390,000 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £650 for 2 bedroom to £875 for 4 bedroom. You should be generally be expecting around average £650 rent per month for 2 bedroom property and approximately £875 for 4 bedroom property in Birchbrae Drive, Kirkhill, Inverness, IV5 area.

Popular Houses in Birchbrae Drive, Kirkhill, Inverness, IV5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Birchbrae Drive, Kirkhill, Inverness, IV5